SMA are those accounts that shows symptoms of bad asset quality once the account is overdue or before its being identified as NPA. There are three types of SMA – SMA 0, SMA1 and SMA 2. They are usually categorized in terms of duration.

SMA & NPA Categorization

SMA Sub-categories & NPA
SMA-0
SMA-1
SMA-2
NPA

Basis for classification – Principal or interest payment or any other amount wholly or partly overdue
1-30 days
31- 60 days
61- 90 days
91 days

Example of SMA & NPA stage movement

Due Date
Basis of Classification
On Date
Days Past Due
SMA Stage / NPA

5th Oct 21
Unpaid/Partly paid till 4th Nov 21
04th Nov 21
1-30 days
SMA-0

5th Nov 21
Unpaid/Partly paid till 4th Dec 21
04th Dec 21
31-60 days
SMA-1

5th Dec 21
Unpaid/Partly paid till 3rd Jan 22
03rd Jan 22
61-90 days
SMA-2

 
Unpaid/Partly paid till 3rd Jan 22
After 3rd Jan 22
More than 90 days
NPA